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The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net
The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net cash inflows as follows:
Year 1............$ 30,000
Year 2............$40,000
Year 3............$ ?
Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3
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